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from the white house. retailers are blaming hurricane sandy. sales falling in october by the biggest amount in june, sandy hit at the end of october the reason why my guest says this is more to do with the cliff at the end of the year. blaming hurricane sandy is taking the easy way out, what you are seeing is a cautious consumer that is not looking to make big ticket item purchases now, but they are spending on food, on gas, remember all the long lines from the t set before sandy? they were stocking up and the exercise department was the first to say that sandy gave a bump to some retailers so you cannot blame sandy. the bigger issue is the frustrated consumer. >>neil: you cannot blame sandy with this data. >>guest: you will see more outcome in november but it is not all bad news with sandy, home depot saw a bump in sales. you have to replace cars, and clothing if you lost part of your home. >>neil: back to the cliff, how is that weighing us down. >>guest: uncertainty is killing consumers. they don't want to spend when they do not know what will happen. >>neil: the taxes will go up.
't be surprised because there's mounting anger over the pace of the recovery effort to hurricane super storm sandy. it has been 12 days since that super storm hit and as you can see there are hard hit places like long beach, new york, still looking very much like disaster areas and that has prompted some angry protests today outside one power company, by the folks who say they feel completely abandoned by the government. listen. >> because we cannot live like this. we can't, we can't. >> i'm disgusted with them. i think that they should have to-- >> it's not anger now, now it's like broken people. people are being broken. it's horrible when you walk down the street and you say hello to someone you don't know and you smile and they're like thank god. there is anger and people are getting broken and disenfranchised and it will turn into anger and you don't want to do that. >> jamie: anger and so much sadness. peter doocy joining us live from washington. i've been out there, peter, it's just tragic. >> it is tragic, jamie, about 3% of new jersey and 2% of the whole state of new york are still without
spent for what? >> divided government at work, right? >> the aftermath of sandy, drivers in new york and long island facing drastic new measures in the face of continuing gas lines. >> starting this morning, gas will be rationed until limited sa p supply can catch up with the demand. the gas shortage is just part of the hard ship millions are dealing with. here's abc's matt kozar. >> reporter: in noshg and new jersey, 60 customers got their power back after super storm sandy lost it all over again. >> this set us back probably a day. i thought we would probably have everybody online by late thursday, early friday. this probably pushes us back to late saturday maybe early sunday. >> reporter: the nor'easter grounded at least 1,700 flights and stranded thousand of people on the long island railroad. the biggest commuter rail in the country. new york city police were forced to close penn station because of overcrowd offing. >> i want to go home. looks like mother nature hates us. >> reporter: the snowfall forced people in new jersey living in low-lying areas to once again evacuate. the
vital it was to have one of these around in the aftermath of hurricane sandy. what you need to know before purchasing a generator. "consumer reports" here with some of the best buys on the market. >> arthel: first, we begin with the mounting anger over the federal response to hurricane sandy. it's been more than a week after the super storm hit, but for hundreds of thousands of people in the northeast, there has been very little signs of progress. now survivors in one of new york city's hardest hit areas are taking matters into their own hands. anna kooiman joins us from staten island. you're standing in front of a big pile of trash, it looks like, an anna, which is poem he's belongings. >> tons of trash. it might look like rubble to you and me, but it's the lives of people here. crushed behind me where one of six dumping stations here. we have been watching as the debris has been piling up for nearly two weeks. that nor'easter last week did stall some of the progress. but crews really have been making some headway. volunteer groups have filling the gap. they say the federal governm
their power back after super storm sandy lost it all over again. >> this set us back probably a day. i thought we would probably have everybody online by late thursday, early friday. this probably pushes us back to late saturday maybe early sunday. >> reporter: the nor'easter grounded at least 1,700 flights and stranded thousand of people on the long island railroad. the biggest commuter rail in the country. new york city police were forced to close penn station because of overcrowd offing. >> i want to go home. looks like mother nature hates us. >> reporter: the snowfall forced people in new jersey living in low-lying areas to once again evacuate. the storm even forced fema and the red cross off of staten island which was decimated by sandy. >> where are they going to put us? we are human beings. >> it is another flood. another disaster we don't need at this time. and, you know, everybody is devastated. they don't know, if they're coming or going. >> reporter: mayor michael bloomberg says only 25% of new york city's gas stations are open that's why he is starting a gas rationing program based
're following this hour, slow pace of storm recovery efforts in the northeast. 12 days after sandy, some residents saying they are not receiving any help from fema or even the red cross. with such widespread devastation residents are dealing without basic services. that before the storm they took for granted. >> no water. no heat. no lights, garbage not being picked up. garbage, halfway. garbage thrown everywhere. smell. the environment out here is terrible as far as smelling. odor is horrendous. it's depressing. >> gregg: anna is covering this live at staten island. >> we are 300 yards from the water at one of six dumping stations around staten island. we have been watching this debris pile up for two weeks in the nor'easter that hit last week. it did slow the crews. it's quite an active scene behind me today. a sign of progress being made. that is good sign. also hundreds of volunteers piled into buses at city hall this morning with their own tools and shovels helping out super storm sandy victims. volunteers sorting goods going house to house and cleaning up parks. groups are leaving
in staten island infuriating victims sandy who say they are being hung out to dry and the centers are still closed today a seen being played out across the new york metropolitan area and other hard-hit sections in and around the area. fema says it made the move because conditions were unsafe because of the nor'easter. try telling that to folks who are still freezing their butts off with homes destroy, no power, no heat, no water, and now no real help. a reporter was the first guy to spot one of the signs. matthew, what did they say? and how many of them are out there? >>guest: we have only seen one so far that said fema office is closed because of weather but reporters across the city in the worst hit sites by sandy found fema centers have been closed because of the nor'easter yesterday and today. one in the rockaways will not open until tomorrow. >>neil: what do the centers do when they up and running? >>guest: the centers are supposed to provide information and ways to sign up for fema services and reimbursements things like finding temporary housing after your house is destroyed but what
since hurricane sandy forever changed the east coast and so many lives along it with. the recovery effort and how the storm is impacting polling stations. that's coming up. >> we've got a packed show for you this morning, four hours. among our guests, rob portman will be joining us, maryland congressman chris van hollen, pat tomby, arizona senator john mccain is with us. former treasury secretary larry summers is our guest. obama campaign deputy manager stephanie cutter, former white house press secretary bill burden all joining us this morning. and we're counting down the final hours of a marathon battle for the white house, just too close to call today. this morning after 17 months of campaigning and $3 billion spent, it has come down to this. a brand new cnn/orc vote of likely voters released last night shows that mitt romney and president obama are in a tie, 49% apiece. both candidates are targeting the must-win swing states on this final full day of campaigning. the president accompanied by rocker bruce springsteen holding rallies in madison, wisconsin, columbus, ohio, des moi
this half hour, the power problems in the storm zone nearly two weeks after sandy and they don't seem to be getting much better. needless to say residents and business owners are just, just a little bit irritated to put it quite mildly. >> it's not inconvenient anymore. it's more than that. >> it is much more than that. >>> then if a fire truck could talk, the tales it could tell, listen to this, particularly one that has gone back and forth from louisiana, katrina, and new york for 9/11 and back. now back again the brotherhood of firefighters that is straight ahead. >> those are two cities that share tragedy, have tragedy in common. katrina down there. 9/11 up here. now another one with sandy. so that bond -- that fire truck certainly represents that. >>> also, we'll lighten the mood a little bit in "the skinny," she says, maybe not too much. she is going to be fine. talking about brooke burke from abc's "dancing with the stars," when the word "cancer" is involved, we'll have to send her our very best thoughts and warm wishes. details of her condition. she is going to be okay the imp
. >> parts of new york rationing gas in the wake of superstorm sandy. >> extreme weather, i believe, is here to stay. climate change is a reality. >>> judge sentenced jared lee loughner to life in prison in the massacre that injured gabby giffords. >> gabby said afterwards for her the biggest emotion was just sadness. >> seven navy s.e.a.l.s have been punished for disclosing classified information to the maker of a video game. >> deer crashed through a plate glass window. >> what did you do to make the deer angry? >> maybe our hours weren't suitable. >> all that -- >> touchdown. jacksonville 16 losing streak. >> here comes the headset. o you see anything in porn that tracks you at all? >> no pat. >> speaking to his campaign staffers and got really emotional. >> "cbs this morning." >> changes are expected in the obama administration. secretary of stit hillary clinton is likely to step down. when he heard about it bill clinton said that's great. just give me a heads up when she's on her way home. captioning funded by cbs >>> welcome to "cbs this morning."
saw the special animation . >> steve: haven't heard about this. >> gretchen: hurricane sandy sequel dumping snow, wind and ice on people who have no power, heat or water. but help is not on the way. fema is closed due to weather. are you kidding me? >> steve: a big win for president obama leading to a drop if your 401 k. wall street gets hit hard . the investors fear it is the worst to come. so far it is a cheering show. >> brian: let's see what i got. the president promising bipartisanship . harry reid has his dancing shows on. we'll explain. "fox and friends" starts right now. ♪ ♪ "fox and friends". >> gretchen: were they ballet shoes or tap shoes. >> steve: a line dancer. >> brian: boxers can slug and dance. he said i can do both. he prefers to dance. >> steve: we'll tell you about harry reid who is ready to do fighting or dancing . and first it was sandy and now it is snowing. >> brian: i would like to know a storm without a name. >> gretchen: it is call would snow . mother nature playing a cruel trick on people without power. new york, new jersey, with rain, sleet and snow.
homes. >>> still recovering from super storm sandy, residents in new jersey and new york are now being hit by a nor'easter. the heavy, wet snow took down power lines and made the evening commute a pretty dangerous one. >> more than 1,000 flights have been canceled at area's airports and the nation's largest commuter railroad came to a halt. central park picked up 4 inches of snow, which is a record for this date. >> biggest one, ocean county, new jersey, got a foot of snow. pretty big storm. >> you love snow too. >> no, wake me when it is april. the storm is moving into new england making for what is likely to be a messy morning commute. >> with more on the track of snow and rain we are jind by accuweather meteorologist jim dickey. good morning, jim. >> good morning, rob, paula. the effects of the nor'easter. it is rolling out and weakening. this morning we will see conditions improve, new york city down through pennsylvania. storms over in the mid-atlantic. sunshine for the day in fact. dealing with snowfall. massachusetts on northward. inland, in maine, then rain stays steady and hea
. >>> also day 6 since superstorm sandy hits, chaos from gas shortages still reign. we've been hearing this will be over but how long will it take to end. >>> people say the economy doesn't care who is elected president. two all-stars will duke it out. even when they say it's not it is always about money. melissa: first up, let's look at the day's market headlines. investors were on cautious footage day before the election. a choppy day of trading eventually led to small gains from stocks. the dow rose 19 points. apple sold three million new ipads over the weekend. ipad mini officially hit store shelves on friday. shares of apple rallied on the news, closing up more than 1%. shares of netflix, jumped 2%, a shareholder plan to prevent a hostile takeover by the company was approved by the board. activist investor carl icahn disclose ad 10% stake in netflix last week. our top story, the day before the big day. obviously all eyes are on the election the final result will have a huge impact on your money. everything from taxes to health care costs. here for a quick roundup, is fox news's on
in tents nearly two weeks after hurricane sandy. wyatt andrews on the president, the speaker, and the fiscal cliff. new talk of compromise. but is a tax increase next? and steve hartman "on the road" at the height of the storm, tony iann got a phone call from his son. >> when he hung up, i started to cry. i said "it's over. he's not coming back." captioning sponsored by cbs this is the "cbs evening news" with scott pelley. >> pelley: good evening. late today president obama accepted the resignation of the director of central intelligence, david petraeus. petraeus acknowledged having an extramarital affair. we have learned that for the last few months the f.b.i. has been investigating the communications of petraeus. law enforcement sources tell bob orr there was concern about e-mails that the c.i.a. director was exchanging with a woman who is a journalist. additional sources tell us those communications involved paula broadwell, seen here with petraeus on a department plane. broadwell, 39 years old, published a book last year on petraeus' time as the general in charge in afgha
ahead. >> and for the first time since sandy knocked out its power, lady liberty shining brightly. guess what, thousands of americans who were hit hard by sandy still sitting cold and powerless 12 days later. we will hear from some of those people as "fox & friends" for this saturday starts right now. >> oy. >> oy it is early. >> thanks for joining us so early and thanks to mike jarrett for coming in and clayton morris. >> i have a feeling i know why you invited me in because i'm 237 years old. oddly, it's also the marine scorp 237 years old today. >> you look good for 237. >> look good for that old. >> happy birthday. >> to the marines. it's good to be back. it's been three weeks since i have been on this curvey couch. >> we have missed. >> you i have missed you and this wonderful couch and it's a busy news saturday. >> my goodness, what a bombshell that dropped yesterday afternoon, general petraeus, you know, widely respected as such a stellar military career man that he was immediately resigning at head of the cia amidst scandal. >> he had an affair with his biographer, that is now th
on in the northeast. mother nature package powerful punch hitting an area still recovering from superstorm sandy d a strong nor'easter dumping freezing rain and snow on new york and new jersey. this winery mix coming at the worst possible time with hundreds of thousands of people still waiting for electricity to be restored after sandy. no power means no heat as temperatures plunge. steve centanni is live in new jersey. steve? >> reporter: hi, we're in manahawki new jersey. this is goes out the bay to long beach island. they're not letting cars out there including us because of a new emergency. not only was this beach area really hard hit by hurricane sandy with a lot of flooding and homes destroyed and a lot of people sent to shelters. now they have new flooding overnight because we had the nor'easter overnight with heavy, wet snow coming down. right on top of hurricane sandy. only nine days separating two storm emergencies. a double-whammy people out here extremely hard hit. we'll look at some pictures. not just new jersey. here we have three inches of snow on the ground. farther up in northern
, >>> this morning on "world news now" -- more misery for areas hard hit by and still reeling after sandy. >> a snowy nor'easter is dumping up to 10 inches of snow in the new york area making for some real problems this morning. it's thursday, november 8th. >> announcer: from abc news, this is "world news now." >>> welcome everyone. adding insult to injury, snow on top of all of the destruction from sandy. just what this area of the country did not need. good morning, everybody, i'm paula faris. >> good morning, everybody, i'm rob nelson. our nor'easter coverage is up first. >>> also this half-hour, freed after nearly four decade in prison for murders he says he did not commit. the story of a newly freed man also coming up in this half-hour. >>> then, the question -- is the shine off of apple. practically everyone has an i-something. but the company stock is sliding and plenty of people want to know what is wrong with the once mighty tech giant. did you ever think you would hear stock sliding, apple in trouble? >> i think financially they're okay. >> think they are. >> a bunch of guys who knew what t
, and that is it for today. >>neil: have you seen this? call it a town brawl, one month after sandy hit, the victims are having it out. >> homeowners insurance cost -- offered me $150. what can i do with that? what? what? i need your attention. okay. we need to rebuild. i don't want did leave my house. it is not a house, a home. >> i have mold and he is telling me to avoid, where am i supposed to goes i have gone to fema, to the sba. >> when you go home and get to celebrate if a nice warm house, i have no electric trip, -- electric or sewage but the city comes and the inspector says it is okay to live in. a joke. a joke. you wonder why people are mad? we the middle class and we are getting nothing from fema. they go around in a circle. deny. deny. deny. deny. deny. deny. deny. it is a joke. >> now it is out of control. the fuming still over fema. >> welcome, everyone, i am neil cavuto, done but not out. today, speaking out. victims of super storm sandy still without heat. it will without water. still without homes. now, giving fema officials who planned an otherwise, well, informational townhall mee
. or is there no market for it. a faded media interest of hurricane sandy despite the fact that there are those reeling because of hurricane sandy. it's november 30, 2012 and our planet is in jeopardy i. if you haven't heard about it today. don't worry, it will be the same story tomorrow 31 [ ♪ music ♪ ] >> jennifer: many people think that climate change only threatens the future and won't effect them. try telling that to the victims of super storm sandy. it's been over a month since sandy slammed the east coast and killed 120 people in the u.s. and caused billions of dollars of damage. unless you live in one of the affected areas you probably think things are back to norm. but that's because the media is barely cleaning up the cleanup efforts. in new york city, they're living in third world conditions, raw sewage continues to flow into water ways. thousands still have no power and direct subway service is not expected to return into the middle of next year. >> we were up to five feet of water. it was not water but it was all cesspool so it was sewage water. >> how much can a body tank. >> blankets
superstorm sandy. >> it's inconceivable that we don't have power, but what's really inconceivable is that we have no answers about what we have to do to restore power. >> i am very unhappy because we pay the highest rates in the country out of 50 states, and lipa has just delivered terrible, like we don't exist. >> it's sad. i mean, how long is it going to take to get our electricity back? there's elderly people that live here, sick people, god forbid, what is it going to take, somebody to die live anything their house because it's so cold? >> once that grid is turned on and our power's turned on, we still don't have power because most of our electrical boxes were underwater. that means we need electricians and power lines in because everything was underwater. so it's time. we need to power on so we can get our lives rebuilt. shannon: jonathan hunt has the very latest. hello, jonathan. >> reporter: hey, shannon. they are doing their to get the power back on the rockaway peninsula of new york, but still 29,000 people do not have any power at all. part of that according to the long island powe
in the wake of hurricane sandy. gas rationing helped some. but as temperatures droppedangry new yorkers want the power company held accountable. live in the nation's captital starts now. >> 12 days later thousands of people don't have power. many feel abandoned and a lot of finger pointing going on. and no straight answers. peter doocy is looking at why they are blamed and we begin with anna on how residents feel at this hour. >> hey, there. we have one of six dumping stations here on staten island and a breath taking sight to see. we watched the debris piling up. and the nor'easter slowed progress some and definitely an active scene today. residents are complaining that aid is slow to come. i spoke with the federal accord nading officer for fema who said 26 disaster recovery set up. food, water and information and hot spots there and working to set up more internet access for folks. we have a phone number. this is important if we leave it up for the rest of the time. 800-621-3362. we have seen the volunteers on the ground. hundreds of people pilled in yellow school buses to help victims of
in sandy. we're going to show you the camp that soon will be home. and a pilot who had a midair meltdown is released from custody when the "cbs evening news" continues. teaching the perfect swing begins with back pain and a choice. take advil, and maybe have to take up to four in a day. or take aleve, which can relieve pain all day with just two pills. good eye. who have used androgel 1%, there's big news. presenting androgel 1.62%. both are used to treat men with low testosterone. androgel 1.62% is from the makers of the number one prescribed testosterone replacement therapy. it raises your testosterone levels, and... is concentrated, so you could use less gel. and with androgel 1.62%, you can save on your monthly prescription. [ male announcer ] dosing and application sites between these products differ. women and children should avoid contact with application sites. discontinue androgel and call your doctor if you see unexpected signs of early puberty in a child, or, signs in a woman which may include changes in body hair or a large increase in acne, possibly due to accidental exposur
, skipping out because of scheduling conflicts. will we get any answers. >> two weeks since superstorm sandy and home owners are going after the power company themselves. how might that turn out? >> and the so-called fat tax, not holding much weight. the law that was supposed to save people has an unexpected side effect, it kills business. "fox & friends" on 11-11-12 starts right now. ♪ >> good morning, everyone, it's veterans day and we honor everyone for their service today. all of our hard working men and women in the military. so we will be talking about them. >> yes. >> and it used to be called what? >> armiist day. >> one man wished we weren't talking about his shady past. as of right now. david petraeus after resigning on friday is not set to testify at senate or house hearings on benghazi this week. he may be compelled to. he has not been asked to by other, the house or the senate committees. one would hope he would be compelled to testify. >> alisyn: correct me if i'm wrong, but i think he was going to testify. >> dave: set to. >> alisyn: on thursday and instead he extended the a
will continue. >>> new developments in a long and difficult recovery from superstorm sandy here in the northeast. new york city and long island have now joined new jersey in imposing a gas rationing system. >> incredible. >> the odd/even day rationing is based on license plate numbers. mayor bloomberg and governor cuomo say it's designed to shrink extremely long gas lines and get the fuel supply back to normal. >> poor folks. fema is sending trailers into some of the areas hardest-hit by superstorm sandy. craig fugate says they have several hundred mobile homes that are available to help all the displaced residents in new york and new jersey. he said at least 40 trailers have already been dispatched. new york and new jersey officials will determine where the houses will be placed. >>> and ten days after the storm, hundreds of thousands of people in new york and new jersey, still in the dark. on long island the power authorities' inability to get the lights turned on in flood areas has new york's governor andrew cuomo just really ticked off. listen. >> they were specialized in doing this. and we
superstorm sandy. to alison kosik live for us in new york at the stock exchange. what are you learning? >> what are we learning? gosh, what we learned that sandy did quite a number on new york city, and now the damage estimates are tallied up and new york city's mayor michael bloomberg is asking the federal government for $9.8 billion, with a b, $9.8 billion to help in the recovery. follow me here. that's after starting with the city's total public and private losses which were estimated at $19 billion, and then you break that out, so about $4 billion was covered by private insurers, about $5 billion expected to come from fema and then come up with the $9.8 billion figure which is just part of the $30 billion aid package that new york governor andrew cuomo has requested. what mayor bloomberg has done, brooke, he sent a letter to the members of the new york state congressional delegation asking for this money, saying, new york city will struggle to recover in the long-term unless this money -- this federal funding is given. >> was he being specific as far as where in the city the money
hurt from superstar sandy up next what fema is up to. and harry reid, the deficit deficit, and if congress can work together. [ male announcer ] do you have the legal protection you need? maybe you want to incorporate a business or protect your family with a will or living trust and you'd like the help of an attorney. at legalzoom, a legal plan attorney is available in most states with every personalized document to answer questions. get started at legalzoom.com today. and now you're protected. america of loaded and they chose higher taxes even speaker of the house says maybe they could be on the table. >> for the purposes of the bipartisan agreement we're willing to except new revenue under the right conditions. gerri: the author of who is the fairest of the mall? i think what john boehner is talking about, stephen is close-up deductions and loopholes not raise taxes on the wealthy. >> that is what they have been saying over the last three years like the super committee barack obama of one the election and they have consequences. he ran they would raise the tax cuts on th
. thousands of people wrote hurt from superstar sandy up next what fema is up to. and harry reid, the deficit deficit, and if congress can deficit, and if congress can work together. stay top of mind with customers? from deals that bring them in with an offer... to social media promotions that turn fans in customers... to events that engage and create buzz... to e-mails that keep loyal customers comingack, our easy-to-use tools will keep you in front of your customers. see what's right for you at constantcontact.com/try. america of loaded and they chose higher taxes even speaker of the house says maybe they could be on the table. >> for the purposes of the bipartisan agreement we're willing to except new revenue under the right conditions. gerri: the author of who is the fairest of the mall? i think what john boehner is talking about, stephen is close-up deductions and loopholes not raise taxes on the wealthy. >> that is what they have been saying over the last three years like the super committee barack obama of one the election andhey have consequences. he ran they would raise the tax cuts
. the romney campaign has conceded the race in florida. and for the first time since superstorm sandy hit new york, the lights on the statute of liberty were on. it is still closed. >>> in new jersey, chris christie says most areas of the state will have power by tonight. about 160,000 lost power because of the nor'easter that hit this week. >> life will be back for most of new jersey to normal come sunday. why do i mean, let's start with power. we backtracked slightly due to the nor'easter, after talking to them last night and this morning, my belief is that we will have almost 100% restoration by saturday night. >> you saw those dreadfully long lines on election day, how can we forget them, right? so what can states do to make sure that it doesn't happen again? or should the federal government maybe step in? it's an option and we're talking about it next. what if there was a new way to deal with money that focused less on fees and more... on what matters? maybe your bank account is taking too much time and maybe it's costing too much money. introducing bluebird by american express and walma
for first time unemployment claims. labor department warns the figures were distorted by superstorm sandy. applications declining in one state because the unemployment office lost power during the storm. sandy pushing up applications in other states because those temporarily out of work sought benefits. martha: you may see some people getting jobs as rebuilding begins on the northeast. here is little perspective on the number since december 2007. here is the chart we look at. weekly jobless claims stayed above 300,000. they spiked back in 2009. we're a long way from that number. economists say weekly claims must consistently fall below 375,000. that is shown by yellow line. we've been bumping along it for a long time. to indicate the job market is truly strong enough to move the economy in the right direction to change the overall unemployment number. lately weekly jobless claims have dipped below the line, averaging 372,000 a week this year. this is the fourth time the claims have been under 360 in the past 4 1/2 years. overall, 5 million americans are collected unemployment benefits. th
hurricane sandy, but the potential demand coming from this nor'easter. add to that long-term policies and energy from president obama it'll make energy in interesting future. as you produce less and consume less, now the focus is on consumption. a look at oil today, slamming it today down three and a half dollars on a barrel of oil. that is an incredible move it even more incredible considering the fact oil rallied initially when the exit polls started to show traders might win the election. we are seeing prices get slammed. $0.10 per gallon, heating oil down 8.98. very interesting inventory report. huge demands, it sent lower on gasoline, 13% lower on diesel and that could get worse next week. back to you. lori: in the middle east more bullish for energy prices? >> it is, the focus is on the demand side of the equation. if europe is going to slow down, the u.s. will slow down, the middle east isn't going to pop up until something actually happens. a lot of supply even if we get a cut off of supply. lori: thank you. the dow down 270 points. we have to go to nicole petallides on the fl
they're donating 36,000 bottles of water to hurricane sandy victims. >> brian: that's fantastic. if you have to run from the tv, run to the radio. see you there. the speaker of the house in a high stakes showdown on how to deal with the crushing debt facing all of us. is it friday? martha: the president is set to speak this afternoon a little bit after 1:00 eastern time about the so-called fiscal cliff. what he wants is higher taxes for the top earners. and speaker boehner is already saying on that part of this deal, no-dice. >> racing tax rates is unacceptable. and it couldn't even pass the house. putting increased revenues through reforming the tax code, i would do that if the president were serious about solving our spending problem and trying to secure our entitlement programs. i'm confident he and i can find the common ground necessary. bill: that's the same potion had the weekend before the election. meanwhile there are strong warning the fiscal cliff could have dire consequences. lay out the stakes here. what are they? >> according to the congressional budget office, the
days after sandy hits. whole communities are still in shambles. after suffering a punch from the hurricane and this week's nor'easter, are they a little too quick to take credit for the response? we will talk to the people who are still devastated with the recovery efforts. >> these people are staying in their homes. they are not leaving their houses. there is nothing going on. my house is $292,000. i don't know how to replace it shannon: nearly two weeks after superstorm sandy, hundreds of thousands are in the cold without power and asking when the so-called aftermath will ever and. gas rationing adding the frustrations today. it is now with unturned in effect in new york and new jersey. drivers place their fillip days based on their license plates being odd or even. adding insult to injury, miles of destruction -- many homes destroyed completely. many are questioning what is going on. >> summer being allowed to return home for the first time but not permanently. folks feeling like refugees in their own neighborhood. david miller is live in sea bright, new jersey. what is el
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